Mission Statement
To provide a fair and equitable assessment of each and every property within the Town of Lake George.
Responsibilities
Tools at our disposal:
County tax maps, deeds of record, a county based geographic information system, sale records, up to date property inventories, photos and the NYS V4 computerized real property information and valuation system.
Documents and Links
If you cannot visit our office, forms, and publication are available off the NYS Office of Real Property Services (ORPS) website. Click on to link below.
Link to the Warren County Real Property Office for easier lookup of a parcel.
http://warrencountyny.gov/rp/
The Final Assessment Roll is available as a pdf document by clicking the link below.
Information
Equalization Rate: 100%
Residential Ratio: N/A
Uniform Level of Assessment: 100%
Taxable Status Date: March 1, Exemption Filing Deadline and Status of Completion of Condition of Real Property
Tentative Roll: May 1
Grievance Day: 4th Tuesday in May, Hours: 4:00 PM to 8:00 PM
Final Roll: July 1, Valuation Date Each Year and Filing of Final Assessment Roll
Last Revaluation: 2020
Exemption Information
STAR
BASIC: Basic – Any age, income under $500,000, must be primary residence
ENHANCED: must be 65 or older during year of original application. Income less than $90,550. Must be primary residence.
VETERANS: Alternative – Must have served in Branch of Armed Forces during wartime period, have been honorably discharged and must be primary residence.
AGED: Senior Exemption – Must be 65 years or older during the year of original application, annual income from all sources less than $32,400, and must be primary residence.
BUSINESS: For commercial property which is either new construction, an addition or remodeling, a minimum investment of $10,000 is required.
FAQs
Uniform Percentage of Value
The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, “all real property in each assessing unit shall be assessed at a uniform percentage of value…”
Taxable Status Date
The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Residential Assessment Ratio (RAR)
A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality’s RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Equalization Rate
“State equalization rate” means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board.” (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS’s estimate of total full value for that same roll.
(518) 668-5722 ext 6
(518) 668-4193
20 Old Post Road